Village Board Approves $2 Million in TIF Reimbursements for Amazon, Logistics Center
Village of Monee Meeting | January 28, 2026
Article Summary: The Monee Village Board authorized two significant Tax Increment Financing (TIF) payout requests totaling over $2 million for industrial developments.
TIF Payout Key Points:
-
Amazon: Approved a payment of $1,235,082.80.
-
G&I XI I-57 Logistics Center: Approved a payment of $774,313.37.
-
Location: The Logistics Center is located at 25850 South Ridgeland Avenue.
MONEE – The Village of Monee authorized substantial reimbursements to developers on Wednesday, Jan. 28, 2026, approving two Tax Increment Financing (TIF) payout requests during the regular board meeting.
Village Attorney Lawrence Gryczewski presented the requests for the board’s consideration. The first item was a payout to G&I XI I-57 Logistics Center, located at 25850 South Ridgeland Avenue, in the amount of $774,313.37. The board approved the measure unanimously.
The second request was a payout to Amazon in the amount of $1,235,082.80. According to documents submitted to the village, this payment represents a portion of the incremental property taxes generated from the subject property as outlined in the redevelopment agreement established in 2016 and 2017.
Trustees voted unanimously to approve the Amazon payment as well. No discussion was held regarding the specifics of the agreements during the open session.
Latest News Stories
Artemis II heads to the moon with first crewed mission since 1972
Pro-life org to Trump: Taxpayers should not be forced to fund killing of unborn children
Birthright citizenship advocates confident in SCOTUS hearing
College funding bill draws dissent from big Illinois universities
Illinois quick hits: Chicago announces $300 million housing spend; Rockford men faces cocaine trafficking charges; State to honor troopers killed in the ling of duty
Pentagon commits to tripling Patriot missile production at $4 million per
Supreme Court appears skeptical of Trump’s birthright citizenship order
Advocates urge stable tariff policy, protections against China
Illinois senators scrutinize diversity commission’s high salaries, poor performance
Trump demands second ‘big beautiful bill’ on his desk by June 1
ALEC: State regulations drive up electricity prices
Chicago mayor announces homelessness plan with unclear funding sources